Just Be Yourself

Just be yourself when you trade the markets... it will eventually lead you to success: Imagine, you are in the school yard again - set to impress that girl or guy you liked. You go up to them, pretending to be something you're not. You may fool them the first or second time. But in the long term, can you keep up the act? Can you keep living being someone you're not? It's the same in the stock markets. Each one of us has different financial situations and goals. You cannot take the same level of risks that I take, and I wouldn't take the same risks you would take. If you cannot be true to yourself in the markets you will find it harder to find your niche.

Just be yourself when you trade. Don't pretend to be some high flyer risk taker if you can't afford to risk that amount. The principle also works conversely. If you are a risk taker in real life, but are a chicken at trading - you will eventually get bored of trading. Of course, that assumes that you can afford to take that risk and that you have a trading plan complete with stop losses. Part of being true to yourself trading the stock markets is not to let the markets take control of you and your time. You must make a choice which trading time frame (intraday, end of day trading, long term trading) makes you comfortable, and stick to it. Some people may trade all three types - it's their choice - it's your choice. It depends if you are a multi-tasker or not. Just be yourself in the stock markets to stay true to yourself and your trading.